We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
A Note on Return on Foreign Assets and Foreign Presence for UK Multinationals.
- Authors
Rugman, Alan; Yip, George; Jayaratne, Saliya
- Abstract
Within the context of the international business literature on multinationality and performance we develop new data on the foreign presence and performance of large UK multinational enterprises (MNEs). There are 32 UK MNEs for which we can obtain data on both their degree of multinationality (measured by the ratio of foreign to total (F/T) sales) and their performance. Here, in addition to the traditional overall performance of the firm, shown as return on total assets, we use new data on the return on foreign assets (ROFA). We conduct analytical work to show the positioning of the UK MNEs in the ROFA and F/T sales space and provide regression results showing a linear relationship between multinationality and performance, using the new ROFA metric.
- Subjects
INTERNATIONAL business enterprises; RETURN on assets; FOREIGN assets; BRITISH corporations; BUSINESS literature; FINANCIAL performance
- Publication
British Journal of Management, 2008, Vol 19, Issue 2, p162
- ISSN
1045-3172
- Publication type
Article
- DOI
10.1111/j.1467-8551.2007.00536.x